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Thursday, April 25, 2024

Boystown home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Boystown, a Chicago neighborhood, rose by $86,750 while total sales decreased by 19.4%, according to BlockShopper.com.

From January through March of 2018, there were 79 homes sold, with a median sale price of $325,000 - a 36.4% increase over the $238,250 median sale price for the same period of the previous year. There were 98 homes sold in Boystown in the first quarter of 2017.

The median sales tax in Boystown for the most recent year with available data, 2017, was $3,282.10, approximately 1% of the median home sale price for the first quarter of 2018.

The following table compares Boystown to other Chicago neighborhood with similar median sales prices in the first quarter of 2018:

NeighborhoodJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Gold Coast157172-8.7%$345,000$335,0003%
West Loop1638-57.9%$341,750$315,7508.2%
Edison Park332913.8%$340,000$268,00026.9%
North Mayfair141127.3%$329,750$272,50021%
Pilsen312714.8%$329,000$342,500-3.9%
Boystown7998-19.4%$325,000$238,25036.4%
Ravenswood 86117-26.5%$324,250$295,0009.9%
Near North7783-7.2%$320,000$387,000-17.3%
Humboldt Park 1091090%$315,000$225,00040%
South Loop 154179-14%$310,000$350,000-11.4%
Sauganash331883.3%$302,500$295,0002.5%

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